Applied Materials Announces Second Quarter 2024 Results
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Uber forecasts gross bookings for second quarter below expectations
Uber forecast second-quarter gross bookings below expectations after missing the target for the first three months on Wednesday, signaling weakness in its ride-share and food delivery services. The company's profitability push, however, is yielding result as core profit for the first quarter and its forecast exceeded Wall Street expectations. Its report comes a day after Lyft posted better-than-expected results and forecast a strong quarter. Uber's smaller rival said it was seeing industry-wide...
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Uber forecasts gross bookings for second quarter below expectations
The weakness in a key metric that denotes the total value of revenue earned on the Uber platform signals demand weakness for the company's ride-share and food delivery services. The company's profitability push, however, is yielding result as core profit for the first quarter and its forecast exceeded Wall Street expectations. Uber's smaller rival said it was seeing industry-wide growth in ride-share demand and was able to draw in users with features like shorter wait-times.
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Tyson Foods Posts Second Quarter 2024 Results
Tyson Foods, Inc. (NYSE: TSN), one of the world’s largest food companies and a recognized leader in protein with leading brands including Tyson, Jimmy Dean, Hillshire Farm, Ball Park, Wright, Aidells, ibp and State Fair, today reported the following results: